Camsing Healthcare (SGX:BAC) Inventory Turnover : 0.92 (As of Oct. 2023)

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What is Camsing Healthcare Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Camsing Healthcare's Cost of Goods Sold for the three months ended in Oct. 2023 was S$0.58 Mil. Camsing Healthcare's Average Total Inventories for the quarter that ended in Oct. 2023 was S$0.63 Mil. Camsing Healthcare's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Camsing Healthcare's Days Inventory for the three months ended in Oct. 2023 was 99.34.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Camsing Healthcare's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.46.

Camsing Healthcare Inventory Turnover Historical Data

The historical data trend for Camsing Healthcare's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Camsing Healthcare Inventory Turnover Chart

Camsing Healthcare Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Inventory Turnover

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1.38

1.82

2.39

4.04

3.37

Camsing Healthcare Quarterly Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Inventory Turnover	Get a 7-Day Free Trial															1.03	0.81	0.71	0.64	0.92

Camsing Healthcare Inventory Turnover Calculation

Camsing Healthcare's Inventory Turnover for the fiscal year that ended in Jan. 2023 is calculated as

	Inventory Turnover (A: Jan. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2023 )	/ (	(Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )
=	2.593	/ (	(0.618	+	0.919)	/	2 )
=	2.593	/	0.7685
=	3.37

Camsing Healthcare's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

	Inventory Turnover (Q: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2023 )	/ (	(Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )
=	0.575	/ (	(0.69	+	0.562)	/	2 )
=	0.575	/	0.626
=	0.92

Camsing Healthcare (SGX:BAC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Camsing Healthcare's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	0.626	/	0.575	*	365 / 4
	=	99.34

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Camsing Healthcare's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	0.626	/	1.371
	=	0.46

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Camsing Healthcare Inventory Turnover Related Terms

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Camsing Healthcare (SGX:BAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Camsing Healthcare Ltd (SGX:BAC) » Definitions » Inventory Turnover

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Address

10 Kaki Bukit Avenue 1, No. 04-05 Kaki Bukit Industrial Park, Singapore, SGP, 417942

Website

http://www.camsing.com

Camsing Healthcare Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and retailing of health supplements and foods. Its operating segment includes Health Food Trade and Corporate and others. The company generates maximum revenue from the Health Food Trade segment.